Fund management company selects Bricknode for digital investment platform
Bricknode, a leading SaaS financial services platform, today announced that an award-winning Swedish fund manager has selected the company’s digital investment platform, Bricknode Broker, to be an integral part of the scaling up of its investment operations.
The agreement will help facilitate a centralised hub for fund order routing and client account management for the fund company.
Fund order processing from a multitude of channels has become an important focus for asset managers in a fast-evolving financial services industry. Digitalisation has led to increasing focus on direct-to-consumer distribution models alongside more traditional channels such as fund platforms and financial advisors.
“We wanted function-rich and flexible investment operations software to support the operations team with the current workflows and also to provide a service provider-agnostic platform through which new markets and distribution channels can be added at a later date,” said the fund company’s chief operating officer. “We selected Bricknode because their comprehensive solution provides automation and scalability that will support our growth plans.”
“We’re pleased to be supporting our client’s move in opening up direct distribution of its fund,” said Erik Hagelin, co-CEO at Bricknode. “Offering investment products can come with a heavy administrative and regulatory workload, but this is exactly what our solution will help take care of through next-generation automation and configurability.”
The name of the fund company has been redacted in this announcement for commercial reasons.
Contacts
Bricknode
Erik Hagelin, co-CEO
+46 73 378 80 82
Certified Adviser
Amudova AB
+46 8 546 017 58
About Bricknode
Bricknode is a B2B-focused SaaS company that provides scalable, cloud-based software enabling financial companies to launch digital banking products at speed. The platform makes it easy for customers to build or transform almost any financial product with complete software for investment management, funds, lending, deposits and savings. The company also offers outsourcing solutions for back-office administration. Bricknode was founded in 2010 and supports financial companies globally. Find out more at bricknode.com or follow Bricknode on LinkedIn & Twitter.